SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Gold/Mining/Energy : Eaglewood Energy spuds Ubuntu-1 well on PPL 259 licence
EWD 28.36-1.1%Oct 8 2:37 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext  
From: bcjt12/30/2010 10:01:44 AM
   of 3
 
Eaglewood Energy closes $10.12-million financing

2010-12-17 08:10 MT - News Release

Mr. Brad Hurtubise reports

EAGLEWOOD ENERGY INC. ANNOUNCES CLOSING OF OFFERING

Eaglewood Energy Inc. has closed its previously announced short form prospectus offering raising gross proceeds of $10,125,000. The offering was lead by FirstEnergy Capital Corp., and included a syndicate of underwriters consisting of Cormark Securities Inc., Macquarie Capital Markets Canada Ltd. and Paradigm Capital Inc. A total of 13.5 million common shares of the corporation were issued at a price of 75 cents per common share.

The proceeds of the offering are expected to be used for the location, drilling and demobilization costs in the corporation's PPL 259 program in furtherance of its exploration and development plans.

We seek Safe Harbor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext